Utility Bill Auditing
Approximately 50 billing audit calculations are performed to spot possible errors and verify the accuracy of utility billing. IEC monitors, trends, and compares current bills to historical monthly bills in order to spot discrepancies in parameters such as total cost, total consumption, per unit cost, per unit consumption, peak demands, load factor, length of billing periods, estimated meter readings, and overlapping bill periods. User-defined limits flag bill discrepancies in need of further review or correction. IEC will assist with collection and/or credits for overcharges.
Based on your preferences, we will either audit your bills after they have been paid, promptly review them, and send your Accounts Payable (A/P) staff notice of when bills are correct for payment. Our smart energy accounting system can also be linked to your A/P system if desired.